Ft Politics

Labour is promising voters not to raise a raft of taxes, not to borrow to fund day-to-day spending and not to return to austerity with major cuts to public services. How will it manage this? Shadow chancellor Rachel Reeves insists economic growth will square the circle. The FT’s Whitehall editor Lucy Fisher asks economics editor Sam Fleming, who interviewed Reeves this week, whether her plans to increase UK output stack up. Plus, Helen Miller from the Institute for Fiscal Studies think-tank joins with her assessment of the “conspiracy of silence” by both big parties over tax and spend after the election. Follow Lucy on X: @LOS_Fisher, Sam @Sam1Fleming, Helen @TheIFSWant more? Free links:A dash for growth: the shadow chancellor prepares for governmentRachel Reeves to seek ‘improved’ UK-EU trade terms if Labour wins election The Labour party’s uncertain certainty dividendLabour’s EU plan will have ‘minimal’ impact on cost of Brexit, says think-tankSign up here for 30 free days of Stephen Bush's Inside